The Apple Days sale on e-commerce platform Flipkart started on November 16, and it will continue until November 20
Walmart management says early timing of Big Billion Sale, from Q4 last year to Q3 this year, benefited the company
US e-commerce giant cuts subscription fee for new exporters joining Global Selling programme
However, Amazon recently said it has decided that Appario Retail would cease as a seller on the e-commerce giant's platform within the next 12 months
Selling pressure from pre-IPO investors feared in four start-ups this month
E-commerce major Flipkart's losses widened to over Rs 7,800 crore in the financial year 2021-22 based on performance of its business-to-business unit Flipkart India and B2C e-commerce unit Flipkart Internet, according to regulatory filings. According to filings, the combined loss of both entities stood at Rs 5,352 crore in the financial year 2020-21. Flipkart Internet, comprising online business-to-consumer platforms, has reported widening of loss to Rs 4,399 crore in FY22 from Rs 2,907 crore in FY21. This includes the performance of Fipkart Group firms like Myntra, Instakart etc. The B2b unit, Flipkart India -- earlier called Walmart India -- reported widening of loss to Rs 3,413 crore in FY22 from Rs 2,445.6 crore in FY21. The net income of Flipkart, however, increased by close to 20 per cent to about Rs 61,836 crore in 2021-22 with Flipkart India contributing Rs 51,176 core and Flipkart Internet registering a revenue of Rs 10,660 crore. Combined revenue of the e-commerce major
D2C Ecommerce, India's First Multi-D2C Brand Online Platform, Acquires Leading Personal Care D2C Brand Luxura Sciences
Luxura Sciences has been on an upward trajectory with a revenue of INR 4+ crores in FY21-22
New Delhi, Delhi, India Business Wire India
D2C Ecommerce, a homegrown multi-brand e-commerce platform has acquired leading personal care D2C brand Luxura Sciences'. Through this acquisition, D2C Ecommerce will expand in personal care and beauty segment, strengthen Luxura Sciences' product offerings by investing in newer categories and foray into global markets including US, UK, Middle East, South East Asia and Europe. D2C E-commerce had recently announced leading actress Rakul Preet Singh as brand ambassador for its fashion jewellery brand AccessHer'.
Luxura Sciences was established in 2018 by serial entrepreneur Mohd. Suaid Ahmed. Luxura's natural personal care range is made with
India's largest business-to-business e-commerce firm sacked 180 employees in June
Priced at Rs 8,499, the Ear (stick) will be available on on the e-commerce platform Flipkart and Myntra from November 17
E-commerce firms may have to incur higher costs for upgrading tech to comply with norm
Company will use funding for expansion, new technology and product development
Further penetration into smaller cities will only add to this dependence on third-party delivery partners
Brands to be manufactured in tie-up with SMEs; 52 products launched under home cleaning, personal hygiene, pantry staples, and male grooming so far, more categories in two years
E-commerce firm DealShare on Wednesday said it has launched 52 categories under its private brand business and plans to invest Rs 500 crore in the new segment in the next 2-3 years. The company has launched 52 categories under Chemko (home cleaning) Swaccha (personal hygiene), Sampoorti (pantry staples) and X One (male grooming brands) in the first phase and plans to extend their portfolio to the skin and hair care, beauty and apparel categories over the next two years. The e-commerce firm said it has launched "52 categories of products with the new initiative set to contribute 30 per cent to DealShare's revenue" and "targets an investment of Rs 500 crore over the next 2 to 3 years for private brands business". DealShare plans to take private label brands across 3,000 towns having more than 10,000 population in the next three years, the company said. The company at present claims to have presence in over 150 cities across eight states and have over 2 crore consumers. DealShare fou
He officially joined the founders in 2018 and began by leading the store-level growth hacking to brand development and was later named the group's CMO
The company plans to spend the proceeds on its products, building a world-class team, and expanding its customer base beyond North America to other emerging e-commerce regions
Amazon, which has maintained it does not give preferential treatment to any seller and complies with all laws, agreed to end its relationship with Cloudtail in August last year
The development comes at a time when Cloudtail, once the largest seller on Amazon's India marketplace, shut operations on the e-commerce platform as a seller this year amid regulatory pressure
From spray-painted dresses to feeling the texture of a fabric on screen, fashion and shopping are becoming tech-immersive
Flipkart's operating loss or EBITDA (earnings before interest, taxes, depreciation, and amortisation) loss stood at Rs 3,925 crore, which was up from Rs 2,267 crore in the previous fiscal